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Consolidated Statements Of Operations And Comprehensive Income (Loss) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Principal transactions and other income $ (2,406) $ 414
Total revenues 17,770 11,140
Operating expenses    
Compensation and benefits 14,134 6,364
Business development, occupancy, equipment 756 811
Subscriptions, clearing, and execution 2,580 2,273
Professional fee and other operating 1,782 1,679
Depreciation and amortization 80 81
Impairment of goodwill 7,883  
Total operating expenses 27,215 11,208
Operating income (loss) (9,445) (68)
Non-operating income (expense)    
Interest expense, net (2,605) (1,854)
Income (loss) from equity method affiliates (107) (8)
Income (loss) before income tax expense (benefit) (12,157) (1,930)
Income tax expense (benefit) (372) (106)
Net income (loss) (11,785) (1,824)
Less: Net income (loss) attributable to the non-controlling interest (8,683) (622)
Net income (loss) attributable to Cohen & Company Inc. $ (3,102) $ (1,202)
Income (loss) per common share-basic:    
Basic income (loss) per common share $ (2.70) $ (1.06)
Weighted average shares outstanding-basic 1,146,879 1,133,166
Income (loss) per common share-diluted:    
Diluted income (loss) per common share $ (2.70) $ (1.06)
Weighted average shares outstanding-diluted 3,940,677 1,665,575
Dividends declared per common share   $ 0.20
Comprehensive income (loss)    
Net income (loss) $ (11,785) $ (1,824)
Other comprehensive income (loss) item:    
Foreign currency translation adjustments, net of tax of $0 (100) 9
Other comprehensive income (loss), net of tax of $0 (100) 9
Comprehensive income (loss) (11,885) (1,815)
Less: comprehensive income (loss) attributable to the non-controlling interest (8,754) (619)
Comprehensive income (loss) attributable to Cohen & Company Inc. (3,131) (1,196)
Net Trading [Member]    
Revenues    
Total revenue 18,561 8,724
Asset Management [Member]    
Revenues    
Total revenue $ 1,615 $ 2,002